Renewable Energy

Brazil’s Renewable Curtailment to Average 8%; Needs BESS Fix: Finds Study

Brazil’s power sector is poised to add 76 GW of new solar and onshore wind capacity through 2035, driven by transmission and distribution tariff discounts, says Wood Mackenzie’s latest analysis.  Whereas, the distributed solar installations are projected to grow at a 5.5% compound annual growth rate (CAGR), according to Wood Mackenzie analysis. Despite this substantial […]

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TotalEnergies Acquires 50% of AES Dominicana’s RE Portfolio

TotalEnergies has announced the completion of its acquisition of a 50 percent stake in AES Dominicana Renewable Energy’s portfolio of solar, wind, and battery energy storage systems (BESS) in the Dominican Republic. This strategic move strengthens the company’s position in the Caribbean’s growing clean energy market, where it is already a key player in liquefied […]

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China’s Narada Power Secures 1.4G Wh Energy Storage Order in India

China-based Narada Power recently signed an energy storage (ESS) order with a large-scale independent power producer (IPP) in India, said China’s Energy Solar Association in a release. Narada Power secured the recent order to supply a 1.4GWh energy storage system for a major new energy photovoltaic project in India, it added. This organization said, “This […]

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Grid-Forming Tech Key To Powering $5 Tr Renewable Expansion: WoodMac

Battery energy storage systems (BESS) will require $1.2 trillion in investments to support more than 5,900 GW of new wind and solar capacity installations globally through 2034, research firm Wood Mackenzie said. The research firm said grid-forming (GFM) technology should be deployed to help achieve the projected $5 trillion expansion in global renewable energy capacity. […]

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2025: BRICS Solar Generation Jumps 39% YoY, Russia, Egypt, Indonesia Trail

A new report from energy think tank Ember shows that the ten BRICS nations accounted for 51% of global solar electricity generation in 2024, up from just 15% a decade earlier. The findings, released ahead of the BRICS summit, highlight a major shift in the global energy transition, positioning the bloc as a key player. […]

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IREDA Reports Loan Book Growth To Reach ₹79,960 Crore

Indian Renewable Energy Development Agency Ltd (IREDA) in its provisional financial results for the quarter that ended on June 30, 2025 has hinted at a progressive growth. Moreover, the company reported a robust growth in loan sanctions, disbursements, and the loan book. The company’s latest results is result are subject to audit. IREDA’s provisions results […]

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Odisha To Meet 33% Of Its Power Needs Through RE By 2036

Odisha has attracted over ₹5 trillion in investments across manufacturing sectors over the past three years, with 14% flowing into green energy equipment and 8% into electric vehicles (EVs) and EV components. In its “Odisha Vision 2036 & 2047” document, the state outlined plans to meet at least 33% of its energy needs from renewables […]

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India Attracted $2.4 Bn For Clean Power Projects In 2024: IEA

India recently saw a rise in electricity demand, driven by several factors, including increases in commercial and residential space, a surge in ownership of air conditioners and appliances, and rising demand from industry, according to the International Energy Agency (IEA) “World Investment Report” report. While growth in power generation has come from all sources, there […]

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Maharashtra: Lloyds Metals In Deal To Get 28.2 MW RE From Hexa

Maharashtra-based Lloyds Metals has signed a Share Subscription and Shareholders Agreement with Hexa Energy MH3 Private Limited and Hexa Climate Solutions to strengthen renewable power sourcing for its operations in Maharashtra, the company said in a regulatory filing. The company shared the details of the agreement in a regulatory filing, which said, “The deal includes […]

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